Watch list for 03/14/2007 LONG: Swing possibilities (ST-PT) ICOC long above: 6.05, stop under: 5.90, target: 6.50-7 areas ST http://www.ivicacharts.com/diagrams/2007/03142007icoc.jpg SHORT: Day trade possibilities (DT-ST) LNCR short under: 36.86, stop above: 37.20, target: 36-35 areas DT-ST Next earning date: May 14, 2007 http://www.ivicacharts.com/diagrams/2007/03142007lncr.jpg WSO short under: 48.50, stop above: 50 (48.90), target: 45 areas 47.50- 45 areas DT-ST Next earning date: May 15, 2007 http://www.ivicacharts.com/diagrams/2007/03142007wso.jpg Good luck trading today!!!! Ivica Juracic
Watch list for 03/15/2007 Good day! With strong intraday moves in both directions, and daily whippy action it was very hard to find good daily and intraday charts with low risk setups. Market wants to tell us something about risk. Risk is high and because of that I will be less active and I will compare this possibilities with market action first. Here are several examples what I will follow today, and I will decide about activity after market open. Focus will be on day trades, form % gainer and % losers lists. Watch ideas: Long: http://www.ivicacharts.com/diagrams/2007/03152007mir.jpg http://www.ivicacharts.com/diagrams/2007/03152007slb.jpg Short: http://www.ivicacharts.com/diagrams/2007/03152007ppdi.jpg http://www.ivicacharts.com/diagrams/2007/03152007exp.jpg http://www.ivicacharts.com/diagrams/2007/03152007artc.jpg Good luck trading today!!!! Ivica Juracic
Watch list for 03/16/2007 LONG: Swing possibilities (ST-PT) TTI long above: 23.00, stop under: 22.85, target: 24-25 area Next earning date: Apr 26, 2007 http://www.ivicacharts.com/diagrams/2007/03162007tti.jpg Day trade possibilities (DT-ST) TAP long above: 88.00, stop under: 87.60, target: 89-90 areas DT-ST Next earning date: May 17, 2007 http://www.ivicacharts.com/diagrams/2007/03162007tap.jpg CHAP long above: 53.12, stop under: 52.60, target: 55 areas DT http://www.ivicacharts.com/diagrams/2007/03162007chap.jpg SHORT: Day trade possibilities (DT-ST) PPDI short under: 31.00, stop above: 31.33, target: 30.50-30 areas DT-ST Next earning date: May 07, 2007 http://www.ivicacharts.com/diagrams/2007/03162007ppdi.jpg Good luck trading today!!!! Ivica Juracic
What about taking those BO´s, like TAP, only in the direction of the market , e.g. SP500. Thus, trading a divergence towards the direction of the market is a good way to filter out some wrong BO´s, especially if you buy the highs. Or use a Stop Limit Buy Order above the consolidation, thus you get into the trade only if it shoots up. Lets take the example with TAP (30 min. Chart), set the stop lets say at 88,3 that´s the trigger and the limit buy at 88,5, just to get an idea what I mean. If you get into a trade that way you just trail the stop and take what you get. Cheers Sundog I like your journal !
Look here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=86288&perpage=6&pagenumber=5 I bring here market commentary and here is explanation how I trade in option expiration days. if you will still have any question, feel free to ask. Ivica
Watch list for 03/19/2007 LONG: Day trade possibilities (DT-ST) MA long above: 105.65, stop under: 104.75, target: 108-110 DT-ST Next earning date: May 11, 2007 http://www.ivicacharts.com/diagrams/2007/03192007ma.jpg HNT long above: 54.18, stop under: 54.00, target: 54.50-55 areas DT-ST Next earning date: May 10, 2007 http://www.ivicacharts.com/diagrams/2007/03192007hnt.jpg SHORT: Day trade possibilities (DT-ST) ACOR short under: 17.34, stop above: 17.70, target: 15 areas DT-ST http://www.ivicacharts.com/diagrams/2007/03192007acor.jpg EPR short under: 59.78, stop above: 60.15, target: 57.50 areas DT-ST http://www.ivicacharts.com/diagrams/2007/03192007epr.jpg Tracking records history: http://www.ivicacharts.com/diagrams/2006/dwl072006.htm - for July http://www.ivicacharts.com/diagrams/2006/dwl082006.htm - for August http://www.ivicacharts.com/diagrams/2006/dwl092006.htm - for September http://www.ivicacharts.com/diagrams/2006/dwl102006.htm - for October http://www.ivicacharts.com/diagrams/2006/dwl112006.htm - for November http://www.ivicacharts.com/diagrams/2006/dwl122006.htm - for December http://www.ivicacharts.com/diagrams/2007/dwl012007.htm - for January http://www.ivicacharts.com/diagrams/2007/dwl022007.htm - for February http://www.ivicacharts.com/diagrams/2007/dwl032007.htm - for March Good luck trading today!!!! Ivica Juracic
Watch list for 03/20/2007 LONG: Swing possibilities (ST-PT) ESLR long above: 10.00, stop under: 9.85, target: 11-12 areas ST Next earning date: May 16, 2007 http://www.ivicacharts.com/diagrams/2007/03202007eslr.jpg Day trade possibilities (DT-ST) MIR long above: 38.80, stop under: 38.50, target: 40 areas DT-ST http://www.ivicacharts.com/diagrams/2007/03202007mir.jpg BRCD long above: 10.00, stop under: 9.75, target: 10.50 areas DT, open ST Next earning date: May 28, 2007 http://www.ivicacharts.com/diagrams/2007/03202007brcd.jpg ADS long above: 61.15, stop under: 60.85, target: 62-62.50 areas DT http://www.ivicacharts.com/diagrams/2007/03202007ads.jpg Good luck trading today!!!! Ivica Juracic
Weekly swing results (05 - 09 March 2007) FLR - entered ($88.05) swing trade exit ($90) plus $1.95 (2.21%, 1.86 r/r) http://www.ivicacharts.com/diagrams/2007/03062007flr.jpg http://www.ivicacharts.com/diagrams/2007/03122007flr.jpg NX - entered ($40.33) swing trade exit ($42.00) plus $1.67 (4.14%, 1.26 r/r) http://www.ivicacharts.com/diagrams/2007/03062007nx.jpg http://www.ivicacharts.com/diagrams/2007/03212007nx.jpg CAL - entered ($38.07) swing trade exit ($35.50) plus $2.57 (6.75%, 1.93 r/r) http://www.ivicacharts.com/diagrams/2007/03092007cal.jpg http://www.ivicacharts.com/diagrams/2007/03212007cal.jpg POT - entered ($161.10) swing trade exit ($164.00) plus $2.90 (1.80%, 0.94 r/r) http://www.ivicacharts.com/diagrams/2007/03122007pot.jpg http://www.ivicacharts.com/diagrams/2007/03212007pot.jpg ATR - entered ($66.64) swing trade exit ($65.95) minus $0.69 http://www.ivicacharts.com/diagrams/2007/03122007atr.jpg CI - entered ($139.60) swing trade exit ($138.05) plus $1.55 (1.11%, 1.72 r/r) http://www.ivicacharts.com/diagrams/2007/03122007ci.jpg http://www.ivicacharts.com/diagrams/2007/03212007ci.jpg SLM - entered ($41.80) swing trade exit ($40.75) plus $1.05 (2.51%, 2.33 r/r) http://www.ivicacharts.com/diagrams/2007/03122007slm.jpg http://www.ivicacharts.com/diagrams/2007/03212007slm.jpg FO - entered ($79.08) swing trade exit ($77.00) plus $2.08 (2.63%, 2.26 r/r) http://www.ivicacharts.com/diagrams/2007/03132007fo.jpg http://www.ivicacharts.com/diagrams/2007/03142007fo.jpg ADM - entered ($33.96) swing trade exit ($33.15) plus $0.81 (2.39%, 2.45 r/r) http://www.ivicacharts.com/diagrams/2007/03132007adm.jpg http://www.ivicacharts.com/diagrams/2007/03142007adm.jpg PNK - entered ($29.18) swing trade exit ($28.10) plus $1.08 (3.70%, 1.32 r/r) http://www.ivicacharts.com/diagrams/2007/03132007pnk.jpg http://www.ivicacharts.com/diagrams/2007/03212007pnk.jpg LINTA - entered ($21.80) swing trade exit ($21.50) plus $0.30 (1.38%, 0.86 r/r) http://www.ivicacharts.com/diagrams/2007/03132007linta.jpg http://www.ivicacharts.com/diagrams/2007/03142007linta.jpg WSO - entered ($48.45) swing trade exit ($50.05) minus $1.60 http://www.ivicacharts.com/diagrams/2007/03142007wso.jpg ARXT - entered ($37.60) swing trade exit ($29.50) plus $8.10 (21.54%,12.66 r/r) http://www.ivicacharts.com/diagrams/2007/03152007arxt.jpg http://www.ivicacharts.com/diagrams/2007/03162007arxt.jpg Wish you good trading!! Ivica Juracic
Watch list for 03/22/2007 LONG: Swing possibilities (ST-PT) ICOC long above: 6.05, stop under: 5.85, target: 7-8 areas ST http://www.ivicacharts.com/diagrams/2007/03222007icoc.jpg Day trade possibilities (DT-ST) SPR long above: 32.00, stop under: 31.70, target: 34-35 areas DT-ST http://www.ivicacharts.com/diagrams/2007/03222007spr.jpg SHORT: Swing possibilities (ST-PT) HANS short under: 34.90, stop above: 35.43, target: 30 areas ST http://www.ivicacharts.com/diagrams/2007/03222007hans.jpg Good luck trading today!!!! Ivica Juracic